The Maine Connectivity Authority, a quasi-governmental agency charged with achieving universal access of affordable high-speed broadband in the state, has officially named David Wedick its new chief financial officer. A highly skilled professional with nearly two decades of experience in diversified capital markets and economic development, Wedick will oversee the strategic and day-to-day aspects of the MCA’s financial management. He will step into the CFO role March 21, according to a news release from the agency.
Since 2015, Wedick served as CFO at Coastal Enterprises Inc., a leading Maine-based nonprofit organization focused on community development. Under his leadership, CEI achieved significant financial success and balance sheet strength in recent years, with total, net and unrestricted net assets all seeing robust growth.
In his new position at the MCA, Wedick will leverage his experience at CEI for the overall planning, direction and coordination of financial activities at the MCA. His nonprofit background also lends itself to making a positive contribution in communities across Maine, which he has called home for eleven years.
